Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    41 Main St Mexico, ME 04257

    Sponsored
    For Sale
    $150,000

    COMMERCIAL - Mexico, ME

    Property size:
    5,976 SF
    Lot size:
    0.50 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 28 at 9:06 pm

    Property Features for 41 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    per Town
    Rooms
    Basement
    Parking features
    On Street
    Basement
    Dirt Floor, Full
    Size
    5,976 SF
    Lot size
    0.50 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1905
    Flooring type
    Tile, Carpet
    Building materials
    Wood Siding, Vinyl Siding, Wood Frame
    Roof type
    Membrane

    We can help!

    Listing Contact
    Ian Luker

    Coldwell Banker Sandy River Realty (207) 778-6333

    Listing agent Ian Luker (207) 778-6333

    Listing date Jan 27, 2026

    MLS# 1650369

    Copyright © 2026 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Mixed-Use Property in Downtown Mexico

    This mixed-use property is located in downtown Mexico, Maine, presenting a commercial opportunity for investment. The property features a two-story restaurant with the potential for 3 to 4 apartment units above. The building has a total area of approximately 5976 square feet. Additionally, the property includes a 0.25-acre parking lot located across the street. The lot size is 0.5 acres. The possibilities are endless with this perfectly located property!
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mexico
    County
    Oxford
    State
    Maine
    Longitude
    -70.5447035
    Latitude
    44.5565133

    Nearby Similar for Sale

    • $675,000
      1,800 SF

      Established Restaurant on Route 2

      Turnkey restaurant with loyal customer base and franchise potential.
      856 River Rd, Mexico, ME 04257
      View Details
    • $1,200,000
      999 SF

      Six Properties Investment Package

      Six residential properties in Mexico, Maine, with seller financing.
      6 Various Addresses, Mexico, ME 04257
      View Details
    • $99,900
      2,850 SF

      Three-Unit Building in Mexico, Maine

      Three-unit residential building, approximately 80% complete, each unit with 3 bedrooms.
      17 Main St, Mexico, ME 04257
      View Details
    • $330,000
      4,368 SF

      Well-Maintained Multifamily Property For Sale

      Six-unit multifamily property with efficient heating and income potential.
      48 Main St, Mexico, ME 04257
      View Details
    • $199,000
      2,250 SF

      Turnkey Triplex with Rental History

      Three-unit property with solid rental history on a large lot.
      55 Roxbury Rd, Mexico, ME 04257
      View Details
    • $165,000
      2,584 SF

      Well-Maintained Income Property

      Fully occupied triplex with recent renovations and consistent income.
      6 Dix Ave, Mexico, ME 04257
      View Details
    • $165,000
      2,322 SF

      Income-Generating Multifamily Property

      Fully occupied 3-unit multifamily property with immediate income potential.
      9 Dix Ave, Mexico, ME 04257
      View Details
    • $165,000
      1,620 SF

      Turnkey Two-Family Property in Mexico

      Fully rented duplex with recent upgrades, ready for investment.
      55 Osgood Ave, Mexico, ME 04257
      View Details
    • $330,000
      2,859 SF

      Six-Unit Multifamily Investment Opportunity

      Six-unit multifamily property in Mexico, Maine with investment upside.
      39 Carlton Ave, Mexico, ME 04257
      View Details
    • $645,000
      7,809 SF

      Multifamily Investment Opportunity in Mexico

      Two-building portfolio with 11 units and strong income potential.
      16 Osgood Ave, Mexico, ME 04257
      View Details
    • $550,000
      4,256 SF

      Prime Mexico Commercial Property

      Riverfront Commercial Building, High Traffic
      152 River Rd, Mexico, ME 04257
      View Details
    • $59,000
      1,736 SF

      Prime Mexico Commercial Building

      1,736 sq ft, 0.53-acre lot, $59,000
      20 Main St, Mexico, ME 04257
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Two-story restaurant with apartment potential and included parking lot.
    Where is this mixed-use property located?
    The property is located at 41 Main St Mexico, ME.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Prime downtown location in Mexico.; - Two-story restaurant space included.; - Potential for 3-4 apartment units above the restaurant.
    (207) 778-6333
    Request Owner's contact information
    41 Main St Mexico, ME 04257
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    41 Main St
    Mexico, ME 04257
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    41 Main St Mexico, ME 04257
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ian Luker
    (207) 778-6333
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.